Swedish truck and bus major Scania has unveiled its first manufacturing facility in India at an investment of Rs. 250 crore.
Located in Narasapura near Kolar in Karnataka, the plant has an annual production capacity of 2500 heavy haulage trucks and 1000 inter-city buses.
Scania will also employ over 800 people at this facility over the next 5 years.
"For us it will of course be a great opportunity to work with Indian customers and learn about more but as a matter of fact it will help us to be to learn about different types of solutions that exist here. We have also seen here with the engineering and with the IT skills that we have a very good use of it also on our global arena for our product and production portfolio. So we hope at least a win-win situation," said Martin Lundstedt, president & CEO at Scania Global.
The plant will house two manufacturing units - one for truck assembly and another for buses.
Scania started production of trucks at the new facility in June and production trials have started for mining and off-road trucks.
Production of on-road trucks will start soon and the bus rollout is planned for the first quarter of 2014.
This plant is also Scana's largest industrial footprint in Asia so far and will also be used for truck and bus exports soon.
